Offers on Liquidation Sample Clauses

Offers on Liquidation. The Executive will have no claim against the Company if the employment is terminated by reason of liquidation in order to reconstruct or amalgamate the Company or by reason of any reorganisation of the Company; and

Offers on Liquidation. The Executive will have no claim against the Company if the Employment is terminated by reason of liquidation, provisional liquidation, receivership, administration or any other insolvency regime under and in terms of the Insolvency ▇▇▇ ▇▇▇▇ (or any subsequent statute pre-enacting or amending the same) in order to reconstruct or amalgamate the Company or by reason of any reorganisation of the Company and the Executive is offered employment with the company succeeding to the Company upon such liquidation or reorganisation and the new terms of employment offered to the Executive are no less favourable to him than the terms of this Agreement.

Offers on Liquidation. The Executive will have no claim against the Company if the Employment is transferred by reason of a reorganisation of the Vodafone Group to another English or German company of the Vodafone Group which, in terms of financial standing, is at least of equal standing, and if the Executive is offered employment with the company succeeding the Company on terms no less favourable to him than the terms of this agreement. Back to Contents

Offers on Liquidation. Sir John will have no claim against the Company if the Engagement is terminated by reason of liquidation in order of reconstruct or amalgamate the Company or by reason of any reorganisation of the Company and Sir John is offered engagement with the company succeeding to the Company upon such liquidation or reorganisation and the new terms offered to him are no less favourable to him than the terms of this agreement.

Offers on Liquidation. The Executive will have no claim against the US Company or the UK Company if the Employment is terminated by reason of liquidation in order to reconstruct or amalgamate the US Company or by reason of any reorganisation of the US Company and the Executive is offered Employment with the company succeeding to the US Company upon such liquidation or reorganisation and the new terms of Employment offered to the Executive are no less favourable to him than the terms of this agreement.